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How to use bitcoin to buy tesla

How to use bitcoin to buy tesla

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That's because in the eyes of the Internal Revenue Service will pay a long-term capital gains tax rate on your selling it, and selling it makes it subject to capital.

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How to Buy, Use, and Spend Bitcoin - Mashable Explains
Tesla CEO Elon Musk announced late Tuesday that it is now possible to buy Tesla vehicles in the U.S. with bitcoin. The automaker last month. The most straightforward way is to find a reliable centralized exchange where you can buy Tesla Cars, similar to Binance. You can refer to iconicstreams.org's. "Tesla will not be selling any bitcoin and we intend to use it for transactions as soon as mining transitions to more sustainable energy.".

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Tesla has suspended vehicle purchases using Bitcoin. Some investors, however, are convinced that Tesla and bitcoin are both in bubble territory. Tesla's experiment with bitcoin didn't help customers, who were warned they could overpay for their cars if the currency's exchange rate changed and that Tesla couldn't pay them back if it did, that hackers could steal currency, that bitcoins could be "lost or destroyed," and that if they entered the wrong wallet code, the bitcoin might go anywhere other than Tesla. So we generate a live rate for the customer.

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